Morris County  »  07054  »  Parsippany Rd  »  316 Parsippany Rd

316 Parsippany Road, Parsippany, NJ 07054 - Property report

Also known as: 316 Parsippany Rd

Property image for 316 Parsippany Road, Parsippany, NJ 07054
static Mapbox map

Property type

Commercial (4A)

Year built

1970

Acreage

0.38

Sale price

$525,000

General information

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Address
Primary address
316 Parsippany Road
ZIP code
07054
County
Morris
Block
388
Lot
5
Municipality
1429
Qualifier
Parcel ID
388-5

Owner

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Sales
Sale date
11/22/2024
Sale price
$525,000
Arm's length
Tax
Tax year
2026
Base tax
$7,063
Current property tax
$7,227
Building
Property type
Commercial (4A)
Building sq. ft.
2,670
Stories
1
Year built
1970
Exterior structural material
Lot
Acreage
0.38
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
63 /100.  Somewhat Walkable
Transit score
0 /100.  Minimal Transit
Bike score
43 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 316 Parsippany Road, Parsippany, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 316 Parsippany Road, Parsippany, NJ 07054

*Most recent sales on record for this property.

More about Morris County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
12/03/2024 - R
11/22/2024 - D
Deed and Realty Tax Fees XXX XXXXX XXXXXXX XXXXXXX XXX X XXX XXXX-XXXXXXXXXXXX XXX
01/21/2020 - R
01/15/2020 - D
Deed and Realty Tax Fees XXXXXX XXXXXXXX XXX XXX XXXXX XXXXXXX XXXXXXX XXX
02/04/2003 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 316 Parsippany Road, Parsippany, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$7,063
Current property tax
$7,227
Recent tax assessments
Market value
$320,900
Land value
$187,500
Building value
$133,400

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $320,900 $320,900 2.201 $7,063 -34.79%
2024 $320,900 $320,900 3.375 $10,830 +1.90%
2023 $320,900 $320,900 3.312 $10,628 +2.51%
2022 $320,900 $320,900 3.231 $10,368 +4.36%
2021 $320,900 $320,900 3.096 $9,935 +2.18%
2020 $320,900 $320,900 3.03 $9,723 +2.78%
2019 $320,900 $320,900 2.948 $9,460 +1.20%
2018 $320,900 $320,900 2.913 $9,348 +3.37%
2017 $320,900 $320,900 2.818 $9,043 +1.77%
2016 $320,900 $320,900 2.769 $8,886 +2.59%

Permit information for 316 Parsippany Road, Parsippany, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
29,480
Median age
41.8
Average household income
$140,505
Family households
63.9%
People per household (average)
2.39
Occupied housing units
12,252
Owner-occupied units
49.7%
Median year structure built
1969
Median value mortgaged units
$592,600
Median value unmortgaged units
$576,200

Risk

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FEMA flood zones

FEMA flood zones
-

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 316 Parsippany Road, Parsippany, NJ 07054 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 316 Parsippany Road, Parsippany, NJ 07054?

The development at 316 Parsippany Road, Parsippany, NJ 07054 was built in 1970.

What is the total square footage of 316 Parsippany Road, Parsippany, NJ 07054?

316 Parsippany Road, Parsippany, NJ 07054 has a total of 2,670 square feet.

When was 316 Parsippany Road, Parsippany, NJ 07054 last sold and what was the sale price?

316 Parsippany Road, Parsippany, NJ 07054 was last sold on 11/22/2024 for $525,000.

What is the assessed value of 316 Parsippany Road, Parsippany, NJ 07054?

316 Parsippany Road, Parsippany, NJ 07054 is currently assessed at $320,900.

What are the property taxes for 316 Parsippany Road, Parsippany, NJ 07054?

The property taxes for 316 Parsippany Road, Parsippany, NJ 07054 total $7,063.

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